News Flash

Bangladesh-based ship recycling company, PHP Ship Recycling, has achieved a significant milestone by purchasing a ship directly from a shipping...

The Mediterranean Shipping Company (MSC) received delivery of the world's largest containership in terms of carrying capacity. The MSC IRINA, with a...

Bulk carrier LOYALTY HONG, berthed at Lyttelton, New Zealand, suffered engine room flooding during her stay, she arrived at Lyttelton on...

The technology group Wärtsilä has signed a five-year Optimised Maintenance Agreement with National Petroleum Construction Company (NPCC), a subsidiary of...

Traders, producers, investors and governments are racing to secure software solutions that can offer real-time visibility and facts amid a...

A new emissions index has been developed by independent shipping platform SHIPNEXT, in a bid to address widely-held industry concerns...

Spot fuel oil premiums for high sulphur fuel oil (HSFO) declined on Monday, although a flurry of trades at the...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to an over 11-week...

European LNG imports are expected to rapidly increase over the course of summer, boosting demand for LNG tankers. In its...

India's bitumen market expects to see minimal impact from new shipping regulations, which will halt the issuing of trading licences...

As methanol-powered ships are rapidly emerging as next-generation eco-friendly ships, competition is heating up between Korean and Chinese shipbuilders about...

The strike against the French government’s planned pension reforms that have disrupted French liquified natural gas terminals are expected to...

India is likely to import 1.5 million tonnes of duty-free sunflower oil during the current fiscal year to March 31,...

The product tanker market flows have changed considerably since the EU ban on Russian imports. In its latest weekly report,...

After completion of the capital dredging of the Karnaphuli River, the shipping cost has come down as 10-metre draft vessels...

This week celebrates the first formal installation of Starlink’s maritime broadband service within Anglo-Eastern’s managed fleet. The installation is part...

The certification of M/S. S.N. Corporation’s Unit-02 ship recycling yard at Shitalpur, Sitakunda is a significant step for Bangladeshi green...

Rates for shipping containers from Asia to the US continued to slide this week as congestion has largely dissipated at...

Spot rates for very large crude carriers (VLCCs) — tankers that carry 2 million barrels of oil — just breached...

Oil and gas contractors on a series of North Sea platforms have voted to take strike action. Unite the union...